Management, Leadership and Tech Skills Shortage Shackles Firms

In its latest skills survey, the Institute of Directors (IoD) reveals that the growth of nearly 60% of businesses is being held back by a lack of skills in the wider workforce and among existing employees. The IoD calls on the Government to improve the overall business environment by scaling back business taxes and employment regulations, including the misguided Time to Train policy, so that firms have more resources to invest in training. Commenting on the survey results (full details below), Miles Templeman, Director-General of the IoD, said: “It is disturbing that at a time of economic weakness, the growth of the private sector is being held back by skills shortages. Businesses want to invest in training and are doing so on a large scale already, but they would invest even more if... »